Jump to: Quick Facts Location Pricing Pros & Cons Who It's For Map

240 Flats is a newly renovated apartment community at 5811 Poplar Avenue in East Memphis — one of the city's most desirable and convenient corridors. The complex sits in the heart of East Memphis near Ridgeway, placing residents minutes from top-rated restaurants, Target, Sprouts, Best Buy, and the Malco movie theater. For remote workers who want a modern renovated space in a prime East Memphis location, 240 Flats delivers strong value.

Address
5811 Poplar Ave, Memphis TN 38119
Starting Price
~$1,099/month (Studio/1BR)
Unit Sizes
Studio, 1BR, 2BR
Neighborhood
East Memphis / Ridgeway
Renovation
Newly renovated 2024
State Income Tax
None in Tennessee

Location

Poplar Avenue is East Memphis's main corridor — one of the most convenient addresses in the city for daily life. You're surrounded by grocery stores, restaurants, coffee shops, and retail without having to drive far for anything. The Pink Palace Museum and Lichterman Nature Center are nearby for weekend activities. Memphis International Airport is about 16 minutes away — convenient for remote workers who travel occasionally for work.

Pricing

Studios and one bedrooms start at $1,099/month in a newly renovated unit with in-unit washer/dryer, resort pool, 24-hour fitness center, and a yoga room. For a freshly renovated East Memphis apartment on Poplar Avenue, that pricing is very competitive. No Tennessee state income tax adds to the overall value.

✓ Pros

  • Newly renovated — modern finishes throughout
  • In-unit washer/dryer included
  • Prime Poplar Avenue location
  • No Tennessee state income tax
  • 24-hour fitness center and yoga room
  • Gated community with controlled access

✗ Cons

  • Smaller unit sizes (354-800 sq ft)
  • Car dependent despite good location
  • 15 minutes from downtown Memphis
  • Limited transit options